Suprema HQ슈프리마에이치큐

Suprema HQ's trailing profit is well below its 2025 level, though the share price has nearly doubled over the past year.

Suprema HQ is a Korean biometric security equipment maker that works mainly as an ODM supplier, with one customer making up a large share of revenue. Over the trailing twelve months to H1 2026 it reported revenue of about ₩21.6B and operating income of about ₩2.9B, below its 2025 full-year operating income of ₩3.9B. Reported net income of ₩15.5B is far above operating income, and the data does not explain the gap.

What stands out

• Trailing revenue of ₩21.6B is up from ₩21.2B in 2025, but operating margin has fallen from 18.2% in 2025 to 13.3% on a trailing basis.
• Net income (₩15.5B trailing) is about five times operating income, so non-operating items or one-off gains likely matter; the data does not break this down.
• The balance sheet looks light: liabilities are 2.6% of equity and cash is ₩15.2B against borrowings of about ₩1M.
• The shares closed at ₩12,670, up 98% over one year but roughly flat over one and three months, and sit within a 52-week range of ₩5,860 to ₩15,600.
• The DCF fair value model gives a base of ₩10,652, below the current price; the model is an estimate, not a forecast, and the data does not provide analyst ratings or price targets.
• Foreign ownership rose from 12.7% to 14.6% over about 60 days, while retail investors were net sellers over the last 20 days.

What to watch

• The next quarterly or half-year filings, to see whether operating margin recovers or the gap between operating and net income persists.
• Shareholder meeting outcomes and the cash dividend decision noted in July filings; the data shows a 0% dividend yield.
• Customer concentration risk: the profile says one client makes up a major share of revenue, and the data gives no detail on that relationship.